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Sample Hospital Louisville, KY 11111 CMS Certification Number: 000000 |
Sample Report | Order Information
Financial Indicators
| Period ending date | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 |
| Number of months in period | 12 | 12 | 12 | 12 | 12 |
| Cost report status | As Submitted | As Submitted | Settled Without Audit | Reopened | Reopened |
| EBITDAR - Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent | $179,243,108 | $241,949,739 | $233,774,240 | $218,923,158 | $193,441,861 |
| Definition: net income + interest + depreciation and amortization + lease cost | |||||
| net income (before taxes) | $101,521,849 | $169,717,635 | $166,540,647 | $155,637,956 | $131,354,078 |
| interest expense | $0 | $0 | $0 | $0 | $0 |
| depreciation and amortization expense | $73,430,152 | $67,825,011 | $62,734,862 | $57,568,409 | $62,087,783 |
| lease cost | $4,291,107 | $4,407,093 | $4,498,731 | $5,716,793 | $0 |
| Operating Margin | 1.7% | 8.0% | 8.2% | 7.8% | 6.6% |
| Definition: (tot oper rev - tot oper exp) / tot oper rev * 100 | |||||
| total operating revenue (net patient revenue) | $2,046,532,968 | $2,049,774,662 | $1,948,330,283 | $1,860,274,286 | $1,778,688,616 |
| total operating expense | $2,012,235,556 | $1,886,735,443 | $1,789,194,255 | $1,714,865,230 | $1,661,137,264 |
| Excess Margin | 4.8% | 8.3% | 8.5% | 8.3% | 7.3% |
| Definition: (tot oper rev - tot oper exp + non-oper rev) / (tot oper rev + non-oper rev) * 100 | |||||
| total operating revenue (net patient revenue) | $2,046,532,968 | $2,049,774,662 | $1,948,330,283 | $1,860,274,286 | $1,778,688,616 |
| total operating expense | $2,012,235,556 | $1,886,735,443 | $1,789,194,255 | $1,714,865,230 | $1,661,137,264 |
| non-operating revenue (non-patient revenue) | $67,224,437 | $6,678,416 | $7,404,619 | $10,228,900 | $13,802,726 |
| Personnel Expense as a percent of Total Operating Revenue | 27.7% | 27.7% | 27.5% | 29.6% | 29.7% |
| Definition: (salary expense + contract labor + fringe benefits ) / total operating rev * 100 | |||||
| salary expense | $565,539,241 | $533,169,309 | $504,177,629 | $513,899,694 | $495,494,785 |
| contract labor | $1,521,289 | $34,270,415 | $31,561,567 | $36,985,401 | $33,231,477 |
| fringe benefits | $12,295 | $1,549 | $56,328 | $40,706 | $89,528 |
| total operating revenue (net patient revenue) | $2,046,532,968 | $2,049,774,662 | $1,948,330,283 | $1,860,274,286 | $1,778,688,616 |
| Return on Equity | 3.6% | 6.4% | 7.0% | 7.3% | 7.1% |
| Definition: net income / (total assets - total liabilities) * 100 | |||||
| net income (before taxes) | $101,521,849 | $169,717,635 | $166,540,647 | $155,637,956 | $131,354,078 |
| total assets (general fund only) | $3,191,582,342 | $2,775,349,603 | $2,551,007,751 | $2,272,070,117 | $1,986,186,431 |
| total liabilities (general fund only) | $335,099,532 | $131,274,323 | $156,881,955 | $130,550,044 | $129,728,662 |
| Return on Assets (ROA) | 3.2% | 6.1% | 6.5% | 6.9% | 6.6% |
| Definition: net income / total assets * 100 | |||||
| net income (before taxes) | $101,521,849 | $169,717,635 | $166,540,647 | $155,637,956 | $131,354,078 |
| total assets (general fund only) | $3,191,582,342 | $2,775,349,603 | $2,551,007,751 | $2,272,070,117 | $1,986,186,431 |
| Current Ratio | 0.8 | 2.2 | 1.7 | 2.1 | 2.1 |
| Definition: total current assets / total current liabilities | |||||
| total current assets (general fund only) | $283,899,480 | $284,438,409 | $268,217,357 | $278,774,000 | $269,105,915 |
| total current liabilities (general fund only) | $335,099,532 | $131,274,323 | $156,881,955 | $130,550,044 | $129,728,662 |
| Quick Ratio | 0.7 | 1.7 | 1.4 | 1.8 | 1.7 |
| Definition: (total current assets - inventory) / total current liabilities | |||||
| total current assets (general fund only) | $283,899,480 | $284,438,409 | $268,217,357 | $278,774,000 | $269,105,915 |
| inventory (general fund only) | $59,958,395 | $56,299,747 | $54,383,711 | $48,251,315 | $48,072,804 |
| total current liabilities (general fund only) | $335,099,532 | $131,274,323 | $156,881,955 | $130,550,044 | $129,728,662 |
| Days Cash on Hand | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Definition: (cash on hand + market securities) / [(total operating expenses - depreciation ) / 365] | |||||
| cash on hand (general fund only) | $9,000 | $9,000 | $8,900 | $8,830 | $54,780 |
| market securities (temporary investments) (general fund only) | $0 | $0 | $0 | $0 | $0 |
| total operating expense | $2,012,235,556 | $1,886,735,443 | $1,789,194,255 | $1,714,865,230 | $1,661,137,264 |
| depreciation expense | $73,430,152 | $67,825,011 | $62,734,862 | $57,568,409 | $62,087,783 |
| Days Cash on Hand - All Sources | 0.0 | 0.5 | 0.7 | 10.4 | 8.5 |
| Definition: (cash on hand + mkt securities + investments) / [(total operatingexp - depreciation exp) / 365] | |||||
| cash on hand (general fund only) | $9,000 | $9,000 | $8,900 | $8,830 | $54,780 |
| market securities (temporary investments) (general fund only) | $0 | $0 | $0 | $0 | $0 |
| investments (general fund only) | $0 | $2,545,313 | $3,072,541 | $47,343,291 | $37,191,725 |
| total operating expense | $2,012,235,556 | $1,886,735,443 | $1,789,194,255 | $1,714,865,230 | $1,661,137,264 |
| depreciation expense | $73,430,152 | $67,825,011 | $62,734,862 | $57,568,409 | $62,087,783 |
| Days in Net Patient Accounts Receivable | 39.6 | 40.1 | 39.5 | 44.7 | 44.8 |
| Definition: (accounts receivable - allowances for uncollectible) / (total operating revenue / 365) | |||||
| accounts receivable (general fund only) | $1,140,764,600 | $1,123,254,055 | $1,031,200,803 | $989,665,986 | $899,255,973 |
| allowances for uncollectible (general fund only) | $918,996,527 | $897,968,272 | $820,248,238 | $761,794,462 | $681,103,473 |
| total operating revenue (net patient revenue) | $2,046,532,968 | $2,049,774,662 | $1,948,330,283 | $1,860,274,286 | $1,778,688,616 |
| Days in Net Total Receivable | 39.7 | 40.2 | 39.6 | 44.8 | 44.9 |
| Definition: (accounts receivable + notes receivable + other receivables - allowances for uncollectible) / (total operating revenue / 365) | |||||
| accounts receivable (general fund only) | $1,140,764,600 | $1,123,254,055 | $1,031,200,803 | $989,665,986 | $899,255,973 |
| notes receivable (general fund only) | $0 | $0 | $0 | $0 | $0 |
| other receivables (general fund only) | $723,711 | $440,000 | $450,000 | $552,000 | $460,563 |
| allowances for uncollectible (general fund only) | $918,996,527 | $897,968,272 | $820,248,238 | $761,794,462 | $681,103,473 |
| total operating revenue (net patient revenue) | $2,046,532,968 | $2,049,774,662 | $1,948,330,283 | $1,860,274,286 | $1,778,688,616 |
| Average Payment Period (days) | 63.1 | 26.3 | 33.2 | 28.8 | 29.6 |
| Definition: total current liabilities / [(total operating expenses + total other expenses - depreciation) / 365] | |||||
| total current liabilities (general fund only) | $335,099,532 | $131,274,323 | $156,881,955 | $130,550,044 | $129,728,662 |
| total operating expense | $2,012,235,556 | $1,886,735,443 | $1,789,194,255 | $1,714,865,230 | $1,661,137,264 |
| total other expense | $0 | $0 | $0 | $0 | $0 |
| depreciation expense | $73,430,152 | $67,825,011 | $62,734,862 | $57,568,409 | $62,087,783 |
| Inventory Turnover | 35.3 | 36.5 | 36.0 | 38.8 | 37.3 |
| Definition: (total operating revenue + non-operating revenue) / inventory | |||||
| total operating revenue (net patient revenue) | $2,046,532,968 | $2,049,774,662 | $1,948,330,283 | $1,860,274,286 | $1,778,688,616 |
| non-operating revenue (non-patient revenue) | $67,224,437 | $6,678,416 | $7,404,619 | $10,228,900 | $13,802,726 |
| inventory (general fund only) | $59,958,395 | $56,299,747 | $54,383,711 | $48,251,315 | $48,072,804 |
| Total Asset Turnover | 0.7 | 0.7 | 0.8 | 0.8 | 0.9 |
| Definition: (total operating revenue + non-operating revenue) / total assets | |||||
| total operating revenue (net patient revenue) | $2,046,532,968 | $2,049,774,662 | $1,948,330,283 | $1,860,274,286 | $1,778,688,616 |
| non-operating revenue (non-patient revenue) | $67,224,437 | $6,678,416 | $7,404,619 | $10,228,900 | $13,802,726 |
| total assets (general fund only) | $3,191,582,342 | $2,775,349,603 | $2,551,007,751 | $2,272,070,117 | $1,986,186,431 |
| Long Term Debt to Net Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Definition: total long term liabilities / (total assets - total liabilities) | |||||
| total long term liabilities (general fund only) | $0 | $0 | $0 | $0 | $0 |
| total assets (general fund only) | $3,191,582,342 | $2,775,349,603 | $2,551,007,751 | $2,272,070,117 | $1,986,186,431 |
| total liabilities (general fund only) | $335,099,532 | $131,274,323 | $156,881,955 | $130,550,044 | $129,728,662 |
| Total Debt to Net Assets | 0.12 | 0.05 | 0.07 | 0.06 | 0.07 |
| Definition: total liabilities / (total assets - total liabilities) | |||||
| total assets (general fund only) | $3,191,582,342 | $2,775,349,603 | $2,551,007,751 | $2,272,070,117 | $1,986,186,431 |
| total liabilities (general fund only) | $335,099,532 | $131,274,323 | $156,881,955 | $130,550,044 | $129,728,662 |
| Average Age of Plant | 0.0 | 0.0 | 0.0 | 0.0 | 13.4 |
| Definition: accumulated depreciation / depreciation expense | |||||
| accumulated depreciation | $0 | $0 | $0 | $0 | $830,246,886 |
| depreciation expense | $73,430,152 | $67,825,011 | $62,734,862 | $57,568,409 | $62,087,783 |